Posts

• April 29, 2003

  Bank of Canada announces Deputy Governor appointments

  Media Relations Ottawa, Ontario

  The Board of Directors of the Bank of Canada today announced the appointment of David Longworth and Mark Carney as Deputy Governors of the Bank.

  Content Type(s): Press, Press releases
• April 29, 2003

  Opening Statement before the House of Commons Finance Committee

  Opening statement David Dodge House of Commons Finance Committee

  Last week, we released our spring Monetary Policy Report, in which we discuss economic and financial trends in the context of Canada's inflation-control strategy. I last testified before this committee in October, following the release of our autumn Monetary Policy Report.

  Content Type(s): Press, Speeches and appearances, Opening statements
• April 23, 2003

  Release of the Monetary Policy Report

  Opening statement David Dodge

  Since our October 2002 Monetary Policy Report, both core and total CPI inflation have been well above the 2 per cent inflation target. In this environment, inflation expectations have edged up.

  Content Type(s): Press, Speeches and appearances, Opening statements
• April 23, 2003

  Bank of Canada releases Monetary Policy Report

  Media Relations Ottawa, Ontario

  Since the October 2002 Monetary Policy Report, both core and total CPI inflation have been well above the 2 per cent inflation target.

  Content Type(s): Press, Press releases
• April 23, 2003

  Monetary Policy Report – April 2003

  The global economic outlook has been clouded by a high degree of uncertainty, accentuated most recently by the war in Iraq.

  Content Type(s): Publications, Monetary Policy Report
• April 15, 2003

  Bank of Canada raises overnight rate target by 1/4 percentage point to 3 1/4 per cent

  Media Relations Ottawa, Ontario

  The Bank of Canada today announced that it is raising its target for the overnight rate by one-quarter of one percentage point to 3 1/4 per cent.

  Content Type(s): Press, Press releases
• April 9, 2003

  Bank of Canada announces appointment of Paul Jenkins as Senior Deputy Governor

  Media Relations Ottawa, Ontario

  The Board of Directors of the Bank of Canada today announced that, pursuant to Section 6 of the Bank of Canada Act, Paul Jenkins has been appointed Senior Deputy Governor of the Bank for a seven-year term.

  Content Type(s): Press, Press releases
• April 8, 2003

  Change in timing of auction of Government of Canada treasury bills from 12:30 p.m. to 10:30 a.m. (Ottawa time) starting 17 June 2003

  In its Debt Management Strategy 2003/04, the government announced that the auction time for treasury bills would be moved to 10:30 a.m., on a trial basis, starting 22 April 2003.

  Content Type(s): Press, Market notices
• April 7, 2003

  Focusing on the Long Term

  Remarks David Dodge Canadian Council of Chief Executives Washington, D.C.

  It has not been an easy year. All of you have been running companies and making decisions under very uncertain conditions. You have had to deal with corporate and accounting issues. Markets have been volatile. And geopolitical events have shaken confidence.

  Content Type(s): Press, Speeches and appearances, Remarks

• The Macroeconomic Effects of Military Buildups in a New Neoclassical Synthesis Framework

  Staff Working Paper 2003-12 Alain Paquet, Louis Phaneuf, Nooman Rebei

  The authors study the macroeconomic consequences of large military buildups using a New Neoclassical Synthesis (NNS) approach that combines nominal rigidities within imperfectly competitive goods and labour markets. They show that the predictions of the NNS framework generally are consistent with the sign, timing, and magnitude of how hours worked, after-tax real wages, and output actually respond to an upsurge in military purchases.

  Content Type(s): Staff research, Staff working papers Topic(s): Business fluctuations and cycles, Economic models, Fiscal policy JEL Code(s): E, E3, E32, E6, E62, H, H2